🔴 $SOL: The “final push” has happened (high 124.9 $) — the correction is targeting 115–113 $ tomorrow
📊 Current price: ~121.5 $. Day high at 124.91 $ then a pullback — yesterday’s ICT scenario (a final push toward 124–128 $ before a correction) plays out. +12.5% over 7 days.
📐 ICT Analysis
• Liquidity sweep: the pool at 125 $ was tapped (124.91 $) then sharply rejected — a typical distribution profile after an extension.
• Bearish CHoCH forming on the LTF (15 min/1h): price broke its last low after the rejection at 124.9 $.
• Bearish order block (mitigation): 123–125 $ — any pullback into this zone is a sell opportunity as long as 125 $ is not reclaimed on a 4h close.
• Liquidity below: equal lows around ~$120 (tested today), then a cluster of stops at 115 $, then 113 $, and the strong zone 107–110 $ (former resistance + 20 EMA).
• Indicators: RSI exiting an stretched zone, price near the upper Bollinger Band — the contraction (mean reversion toward ~113–115 $) is statistical.
🏛️ Fundamentals
• Positive Solana ETF flows and micro CME futures (October) — support the broader trend, but that’s precisely what underpinned the extended rally that calls for a pause.
• Sentiment: Fear & Greed 74 (Greed), sentiment 80/100 — a contrarian zone where fast corrections are frequent.
• Caution: this is a call for a short-term correction, not a trend reversal — the broader structure remains bullish above 107–110 $.
🎯 Scenario for tomorrow (Monday) — UNIQUE: BEARISH (correction)
• Thesis: rejection at 123–125 $, break of 120 $, extension toward 115 $ then 113 $.
• Preferred short entry: retest 122.5–124 $.
• Invalidation: 4h close above 125 $ → resumption toward 128–130 $ (bullish scenario resumes).
• Levels: R1 125 · R2 128 · R3 130 | S1 120 · S2 115 · S3 113 then 107–110.
⚠️ Disclaimer: This analysis is purely educational and informational and does not constitute investment advice, a recommendation, or an incentive to buy or sell. Crypto-currencies are volatile and unpredictable; this scenario is a probability, not a certainty. Do your own research (DYOR), manage your risk (stop-loss, position sizing), and only invest what you can afford to lose. I am not responsible for your losses.
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